Morning Call by Ultimate Forex Profits Forex Daily update
Jan 25

Currency: EUR/USD 
News: In Jan Euro zone PMI manufacturing index rose to 52.0 
Daily Forecast: Consolidating 
Open: 1.4138 
Current Price: 1.4137

Currency:GBP/USD 
News: In Dec UK retail sales rose 0.3% 
Daily Forecast: Bullish 
Open: 1.4031 
Current Price: 1.6123

Currency:USD/JPY 
News: Asian regional stock markets regain early losses but still down 0.5% on average. No major rates or policy change expected from BoJ.
Daily Forecast:Bearish 
Open: 89.81 
Current Price: 90.24

Currency:USD/CAD 
News: Crude oil fell last week 
Daily Forecast: Consolidating 
Open: 1.0575 
Current Price: 1.0551

Currency:USD/CHF 
News: In Jan ZEW investor confidence rose to 56.2 
Daily Forecast: Consolidating 
Open: 1.0410 
Current Price: 1.0413

Currency:AUD/USD 
News: Australian Q4 goods PPI -1.5% YoY
Daily Forecast: Consolidating 
Open: 0.9004 
Current Price: 0.9055

Currency:NZD/USD 
News; New Zealand’s dollars gained, as demand for riskier assets rose on speculation that Federal Reserve Chairman Ben S. Bernanke will be confirmed for a second term. 
Daily Forecast: Consolidating 
Open: 0.7095 
Current Price: 0.7139
Due for release today is the AUD PPI q/q and the USD Existing Home Sales.

By Ultimate Forex Profits

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